Political Forums  

Go Back   Defending The Truth Political Forum > Political Issues > Money and Finance > Taxes


Thanks Tree15Thanks
Reply
 
LinkBack Thread Tools Display Modes
Old July 9th, 2017, 06:31 AM   #1
Senior Member
 
Join Date: Jul 2014
Location: massachusetts
Posts: 8,169
White House working on huge Tax Increase on wealthy

Steve Bannon is working on a proposal to jack up the highest tax rates
"he want the top tax rate to have a 4 in front of it".

He's proposing using the money for middle class tax cuts.

This is a formula to grow the economy, it's what Clinton did, the GOP will hate it, and they will predict disaster if it goes through, like they did with Clinton, but this is a formula direct from actual economic theory, that worked wonderfully before.

https://www.axios.com/scoop-bannon-p...452197801.html
Thanks from McCoy
goober is online now  
Old July 9th, 2017, 08:32 AM   #2
RNG
Senior Member
 
RNG's Avatar
 
Join Date: Apr 2013
Location: LA LA Land North
Posts: 24,907
Interesting indeed. I checked the site and it seems good.

But for a Republican? As the article says, that's pretty rebellious.
RNG is offline  
Old July 9th, 2017, 08:33 AM   #3
Talent on loan from god
 
Camelot's Avatar
 
Join Date: Jun 2013
Location: Ohio
Posts: 24,072
Chump and the Republican's know who their masters are. Bannon is not long for this administration.
Camelot is offline  
Old July 9th, 2017, 08:40 AM   #4
Commie Exposer
 
Jimmyb's Avatar
 
Join Date: Jun 2012
Location: Republic of Texas
Posts: 38,748
That is not what happened to Clinton or the economy.
Jimmyb is offline  
Old July 9th, 2017, 08:40 AM   #5
Senior Member
 
Join Date: Jul 2014
Location: massachusetts
Posts: 8,169
Bannon is working to get Trump re-elected.
And he knows that if the Donald becomes a rubber stamp for the usual Republican horse shit, that won't happen, we'll have a stagnant economy and that won't work for Trump in 2020.
So he'll push something that will actually produce jobs, and better economic growth, higher taxes on the wealthy, removing money with the lowest economic multiplier, and injecting it back as middle class tax cuts, where the multiplier is much higher.
goober is online now  
Old July 9th, 2017, 09:27 AM   #6
Senior Member
 
justoneman's Avatar
 
Join Date: Jul 2015
Location: chicago
Posts: 2,400
This article is based on what? I see quote marks around one fragment of a sentence allegedly attributed to Bannon based on what? From where did this come from? More fake shit.
justoneman is offline  
Old July 9th, 2017, 09:46 AM   #7
Commie Exposer
 
Jimmyb's Avatar
 
Join Date: Jun 2012
Location: Republic of Texas
Posts: 38,748
So Trump is going to promote the same policies that have caused the Democrats to lose an unprecedented number of seats at the state and federal levels for the 2020 election. Makes sense to me.
Thanks from guy39, Sabcat and League of Justice
Jimmyb is offline  
Old July 10th, 2017, 02:24 PM   #8
Senior Member
 
Join Date: Jul 2014
Location: massachusetts
Posts: 8,169
Quote:
Originally Posted by Jimmyb View Post
So Trump is going to promote the same policies that have caused the Democrats to lose an unprecedented number of seats at the state and federal levels for the 2020 election. Makes sense to me.
Actually, Bannon is trying to do what Clinton did to get re-elected.
It's economics, Jimmy, I can't understand it for you.
Thanks from tristanrobin
goober is online now  
Old July 10th, 2017, 05:12 PM   #9
Commie Exposer
 
Jimmyb's Avatar
 
Join Date: Jun 2012
Location: Republic of Texas
Posts: 38,748
Quote:
Originally Posted by goober View Post
Actually, Bannon is trying to do what Clinton did to get re-elected.
It's economics, Jimmy, I can't understand it for you.
What did Clinton do to get elected?
Jimmyb is offline  
Old July 10th, 2017, 05:31 PM   #10
Senior Member
 
Join Date: Jul 2014
Location: massachusetts
Posts: 8,169
Quote:
Originally Posted by Jimmyb View Post
What did Clinton do to get elected?
He set up the economy to grow, by reducing the deficit, which reduced interest rates, which promoted growth.
goober is online now  
Reply

  Defending The Truth Political Forum > Political Issues > Money and Finance > Taxes

Tags
house, huge, increase, tax, wealthy, white, working



Thread Tools
Display Modes


Similar Threads
Thread Thread Starter Forum Replies Last Post
WHITE HOUSE VIDEO MESSAGE: Americans Deserve a Minimum Wage Increase The White House The White House 0 October 11th, 2014 02:55 AM
WHITE HOUSE VIDEO MESSAGE: Fighting for Working Families The White House The White House 0 August 2nd, 2014 02:21 AM
Op-Ed by President Obama on the White House Summit on Working Families The White House The White House 0 June 23rd, 2014 07:40 AM
FACT SHEET: The White House Summit On Working Families The White House The White House 0 June 23rd, 2014 04:51 AM
WHITE HOUSE VIDEO MESSAGE: Itís Time to Increase the Minimum Wage The White House The White House 0 March 29th, 2014 10:00 AM


Facebook Twitter RSS Feed



Copyright © 2005-2013 Defending The Truth. All rights reserved.